Introduction Hong Kong is known for its highly competitive and intense working environment, which employees often suffer as a result of this. A data survey by GlobalData found that the average working hours per week in Hong Kong was 44 hours in 2021. Even though there has been an 8.3% decrease between 2010 and 2021, … Read more
Previously, we introduced the Things you need to know for filing Employers Return in Hong Kong. Mandatory Provident Funds (“MPF contribution ”) are compulsory retirement schemes / pension funds that are created by the Hong Kong government and are provided by approved private organizations. MPFs are a key aspect in the management of a Hong Kong company and its staff. … Read more
What is Payroll? Payroll is the procedure of paying staff so that the employer must handle payroll on a regular basis to verify that employees are paid. The process consists of calculating the employees’ earnings and excluding deductions like taxes. Payroll might be a difficult subject but knowing each component of payroll can help you … Read more
Hong Kong is one of the most desirable places to live and work globally. The territory provides entrepreneurs and employees with excellent career prospects and is known for paying high-skilled labour very well. With the city well on its way to becoming one of Asia’s biggest FinTech hubs, careers in education, trade, finance and technology … Read more
In this article, we would focus on the next step after business registration. Detailed explanations of the documents received will also be discussed here.
As a business owner, it’s essential to understand what financial accounting entails and how it can be applied to facilitate a successful business operation.
As a business leader or manager, there may be seasons when the legal details and circumstances of your incorporated company changes. Whether due to scaling and growth or changes in ownership or location, having the proper information filed with the Hong Kong administration is essential to ensure you can operate smoothly. One of the … Read more
Most Hong Kong business owners would eventually find themselves in a situation where they need documents certified in the ordinary course of conducting business – in many circumstances these documents will also need to be notarised. In these situations, it’s commonly asked what the difference is between certification and notarisation and most importantly, what is … Read more
Alex So, Founder and Managing Partner of Fastlane Group recommended SMEs to tap into the Technology Voucher Programme (TVP) for digital transformation.
In this article, we look to provide seven tips that business owners should consider when incorporating their Hong Kong company.